O'Brien Legal Services LLC
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January 2019 Archives

Who gets the earnest money when a party backs out of a contract?

A mansion located next to the main chairlift at the Aspen ski resort is the center of a million-dollar real estate dispute involving earnest money. The Aspen Daily News recently reported that the buyer of a $17.5 million ski home backed out more than two months after the contingency period had passed.

Are Airbnb rentals becoming a problem for some of your tenants?

Recently, one of the largest apartment companies in Colorado came out on top in a legal battle with Airbnb over illegal short-term rentals. The company, Aimco, sued Airbnb after residents were upset with short-term renters at a number of the company's properties.

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